Totals
- Total revenue
- $2,592,249
- Total expenses
- $2,623,772
- Contributions and grants received
- $2,569,587
- Grants paid
- $936,574
- Program service revenue
- $1,787
- Investment income
- $20,875
- Other revenue
- $0
- Total assets, end of year
- $1,367,122
- Total liabilities, end of year
- $293,047
- Net assets or fund balances, end of year
- $1,074,075
- Program services expenses (Part IX)
- $2,360,340
- Management and general expenses
- $115,817
- Fundraising expenses
- $147,615
- Program service expenses (Part III)
- $2,360,340
Program services were 90.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$2,016,902
-
1f · All other contributions, gifts and grants
$552,685
-
2a · Program service revenue: CLASS REGISTRATION FEE
total $1,787 · related or exempt $1,787
-
3 · Investment income
total $20,875 · excluded $20,875
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $772,649 · program services $772,649
-
2 · Grants to domestic individuals
total $163,925 · program services $163,925
-
5 · Compensation of officers, directors and key employees
total $149,727 · program services $67,377 · management and general $7,486 · fundraising $74,864
-
7 · Other salaries and wages
total $646,381 · program services $608,660 · management and general $8,036 · fundraising $29,685
-
8 · Pension plan contributions
total $17,454 · program services $14,895 · management and general $342 · fundraising $2,217
-
10 · Payroll taxes
total $224,408 · program services $191,504 · management and general $4,402 · fundraising $28,502
-
11c · Fees: accounting
total $61,785 · management and general $61,785
-
11g · Fees: other
total $378,527 · program services $377,943 · management and general $584
-
13 · Office expenses
total $35,665 · program services $12,829 · management and general $22,836
-
16 · Occupancy
total $58,323 · program services $44,202 · management and general $1,774 · fundraising $12,347
-
17 · Travel
total $53,363 · program services $53,363
-
23 · Insurance
total $6,745 · management and general $6,745
-
24a · Other expenses: SUPPLIES AND LEARNING M
total $54,820 · program services $52,993 · management and general $1,827
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $829,965 · end of year $1,108,544
-
3 · Pledges and grants receivable
beginning of year $415,353 · end of year $249,652
-
15 · Other assets
beginning of year $43,833 · end of year $8,926
-
17 · Accounts payable and accrued expenses
beginning of year $41,991 · end of year $195,304
-
25 · Other liabilities
beginning of year $141,562 · end of year $97,743
-
27 · Net assets without donor restrictions
beginning of year $277,379 · end of year $325,410
-
28 · Net assets with donor restrictions
beginning of year $828,219 · end of year $748,665
Mission and programs · 2024
Mission
BRIGHT FUTURES PROVIDES RESOURCES TO IMPROVE THE LIVES OF CHILDREN AND FAMILIES. BRIGHT FUTURES WORKS TO INCREASE THE QUALITY, ACCESSIBILITY AND AVAILABILITY FOR EARLY CARE AND EDUCATION IN SAN MIGUEL, OURAY, MONTROSE, DELTA AND SAN JUAN COUNTIES. BRIGHT FUTURES OFFERS ALIGNED, COLLABORATIVE AND INTEGRATED SERVICES ACROSS KEY SYSTEMS OF FAMILY SUPPORT AND EARLY CHILDHOOD CARE AND EDUCATION.
Activities or mission (Part I)
BRIGHT FUTURES PROVIDES RESOURCES TO IMPROVE THE LIVES OF CHILDREN AND FAMILIES. BRIGHT FUTURES WORKS TO INCREASE THE QUALITY, ACCESSIBILITY, AND AVAILABILITY OF EARLY CARE AND EDUCATION IN SAN MIGUEL, OURAY, MONTROSE, DELTA, AND SAN JUAN COUNTIES.
-
BRIGHT FUTURES IS DEDICATED TO IMPROVING THE LIVES OF CHILDREN AND FAMILIES IN WESTERN COLORADO THROUGH INTEGRATED SERVICES IN EARLY CHILDHOOD CARE, EDUCATION, AND FAMILY SUPPORT. OPERATING AS AN EARLY CHILDHOOD COUNCIL, FAMILY RESOURCE CENTER, AND THE LOCAL COORDINATING ORGANIZATION (LCO) FOR UNIVERSAL PRESCHOOL (UPK), THE ORGANIZATION SERVES DELTA, MONTROSE, OURAY, SAN MIGUEL, AND SAN JUAN COUNTIES.KEY ACCOMPLISHMENTS IN THE PAST FISCAL YEAR:1) EARLY CHILDHOOD QUALITY & WORKFORCE DEVELOPMENT: 80% OF LICENSED CHILDCARE PROVIDERS ENGAGED IN QUALITY IMPROVEMENT THROUGH COLORADO SHINES. 93 EARLY CHILDHOOD TEACHERS RECEIVED PYRAMID COACHING, POSITIVELY IMPACTING 1,337 CHILDREN. THE ORGANIZATION PROVIDED 69 PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR EARLY EDUCATORS.2) FAMILY SUPPORT SERVICES: TAILORED PROGRAMS STRENGTHENED FAMILIES AND IMPROVED OUTCOMES FOR VULNERABLE CHILDREN (BIRTH-18). THROUGH PARENTS AS TEACHERS (PAT), 364 HOME VISITS WERE CONDUCTED, AND 243 PARENTS ATTENDED WORKSHOPS. THE INTEGRATED SUPPORT SERVICES TEAM SERVED 39 CHILDREN WITH A HOLISTIC, CHILD-CENTERED APPROACH. $37,589 WAS DISTRIBUTED TO 8 FAMILIES THROUGH A "FLEX FUNDING" PROGRAM TO OFFER BASIC NEEDS SUCH AS HOUSING, FOOD, OR TRANSPORTATION.3) SAN MIGUEL COUNTY EARLY CHILDHOOD SUPPORT: UNDER THE STRONG START PROGRAM, BRIGHT FUTURES ADMINISTERED QUALITY IMPROVEMENT/CAPACITY-BUILDING GRANTS, TEACHER RECOGNITION AWARDS, AND CHILDCARE FINANCIAL ASSISTANCE. A TOTAL OF $733,785 IN GRANTS AND FINANCIAL ASSISTANCE WAS AWARDED. 4) UNIVERSAL PRESCHOOL IMPLEMENTATION: AS THE STATE-APPOINTED LCO, THE ORGANIZATION SUPPORTED FAMILIES, SCHOOL DISTRICTS, AND EARLY CHILDHOOD PROVIDERS IN FIVE COUNTIES TO ENSURE UPK ACCESS. 5) EARLY CHILDHOOD INFRASTRUCTURE & EXPANSION: PARTNERING WITH RURAL HOMES EARLY CHILDHOOD INITIATIVE, THE ORGANIZATION SUPPORTS HOMEOWNERSHIP PATHWAYS FOR FAMILY CHILD CARE PROVIDERS IN OURAY COUNTY. TEMPORARY STATE STIMULUS FUNDING ENABLED INITIATIVES SUCH AS FAMILY CHILD CARE HOME NAVIGATION, AND EXPANDED QUALITY IMPROVEMENT GRANTS. 6) AMERICORPS EARLY CHILDHOOD PILOT PROGRAM: RECRUITED 7 AMERICORPS MEMBERS AT 4 CHILDCARE SITES IN TELLURIDE, MONTROSE, DELTA, AND GUNNISON. 5 MEMBERS WERE RECRUITED LAST FISCAL YEAR, AND 1 GRADUATED FROM THE PROGRAM.BRIGHT FUTURES CONTINUES TO ADDRESS THE REGION'S CHILDCARE GAPS, ENHANCE FAMILY RESILIENCE, AND IMPROVE ACCESS TO HIGH-QUALITY EARLY LEARNING, ENSURING LONG-TERM BENEFITS FOR CHILDREN AND COMMUNITIES.
Expenses $2,360,340 · Grants $936,574 · Revenue $1,787
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Susan AltmanSUSAN ALTMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Matthew BaymaMATTHEW BAYMA
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Alison WrightALISON WRIGHT
BOARD TREASURER & SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Gloria ChaviraGLORIA CHAVIRA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Heather YoungHEATHER YOUNG
BOARD VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kathleen MerrittKATHLEEN MERRITT
EXECUTIVE DIRECTOR
- Total calculated
- $187,043
- From this org
- $156,382
- From related orgs
- $0
- Other
- $30,661
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $156,382
- Bonus
- $0
- Other
- $0
- Deferred
- $4,548
- Nontaxable benefits
- $26,113
- Filer's total
- $187,043
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
PRIMETIME EARLY LEARNING CENTER
$209,601
SEE COMMENT ABOVE.
-
MOUNTAIN MUNCHKINS
$156,938
SEE COMMENT ABOVE.
-
RAINBOW PRESCHOOL
$91,039
SEE COMMENT ABOVE.
-
$85,405
SEE COMMENT ABOVE.
-
MOUNTAIN SPROUTS
$64,178
SEE COMMENT ABOVE.
-
$58,310
SEE COMMENT ABOVE.
-
ELAINE'S PLACE TELLURIDE LLC
$46,643
FUNDS USED TO SUPPORT PROFESSIONAL DEVELOPMENT , FINANCIAL ASSISTANCE TO FAMILIES FOR CHILDCARE, AS WELL AS CAPACITY BUILDING AND QUALITY IMPROVEMENT TO CHILDCARE PROVIDERS.
-
RASCALS TODDLER PROGRAM
$27,184
SEE COMMENT ABOVE.
-
$27,063
SEE COMMENT ABOVE.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 January 2026
- IRS schema version
- 2024v5.5
- Source object
- 202620199349300977
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